Lebanese Banking Control Commision- MH04022020 لجنة الرقابة على المصارف

V. Studies Department
The Studies Department is responsible for preparing the required studies and analysis of banks,
Financial Institutions transactions and requests. These include but are limited to:
• Licensing and establishment of Lebanese commercial, investment or Islamic banks and other
financial institutions (locally and abroad).
• Establishing foreign financial institutions branches or representative offices in Lebanon.
• Opening and closing of banks / financial institutions branches (locally and abroad).
• Opening of representative offices of Lebanese banks abroad
• Banks / Financial institutions mergers and acquisitions.
• Transfer of significant ownership or controlling interest in banks / financial institutions held
either directly or indirectly.
• Increase of Capital, allocation of cash contributions, issuance of stocks and bonds, and
capital restructuring.
• Other matters related to banks / Financial institutions requests concerning compliance with
Lebanese banking rules and regulations.
The studies Department was established in October 2001. It is responsible for studying thoroughly
the applications and requests of Banks and Financial Institutions.
In addition to the above, the Department recommend to BCCL board the proposed decisions on the
requests received. The studies and analysis take into consideration (where applicable) the
compliance of each Bank / Financial Institution with prudential rules and regulations, and other
indicators generated by the other off – site departments (after evaluation the Bank / Financial
Institution risk profile, taking into consideration the Lebanese banking / Financial Instituions sectors
risk profile).
The Department may also conduct certain “on – site” spot reviews in the objective of verifying
certain requests and analysis when needed.
VI.
Risk Assessment Department
The Risk Assessment Department was established in 2009 as a move toward Risk-Based Supervision.
Its mandate is to ensure that banks have in place a comprehensive risk management process to
identify, measure, evaluate, monitor and control or mitigate all material risks and to assess their
averall Capital Adequacy and Liquidity Adequacy in relation to their Risk Profile and in line with Basel
III requirements.
Mehdi El Husseini-04022020